Nicholas Stern, Baron Stern of Brentford

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Where we can, we have to go to zero carbon, because of a growing population and a rising middle class in developing countries which wants the same standard of living the developed world already enjoys. GHGs must be cut by at least 50% around the world by 2050, with the rich, developed countries cutting by 80%, compared to 1990 levels. We are at the beginning of a technical revolution of the magnitude of the railway, the motor car ... The economic crisis is an opportunity to lay the foundation for the future ... You can tell a very positive story here. [39]

In November 2015 he was commissioned by the UK Minister of Universities and Science, Jo Johnson, to chair a review of the Research Excellence Framework (REF) that is used in assessing the research performance of universities and research institutes in the UK. The report was published in July 2016. [40]

In October 2021, Stern released a working paper stating that economists had grossly undervalued young lives in relation to the climate crisis. [41] The manuscript is due to be published in the Economic Journal of the Royal Economic Society. [42]

Awards and honours

Stern was elected a Fellow of the British Academy in 1993; [43] he is also an Honorary Fellow of the American Academy of Arts and Sciences and a Foreign Honorary Member of both the American Economic Association and the American Philosophical Society. [44] In the 2004 Queen's Birthday Honours he was made a Knight Bachelor, for services to Economics. [45] [46] [47] On 18 October 2007, it was announced that Stern would receive a life peerage and was to be made a non-party political peer (i.e. would sit as a cross-bencher in the House of Lords). He was duly created Baron Stern of Brentford, of Elsted in the County of West Sussex and of Wimbledon in the London Borough of Merton on 10 December 2007. [48] He is, however, usually addressed as Lord Stern, or Lord Stern of Brentford. [49]

In 2006, he was elected as an Honorary Fellow at Peterhouse, Cambridge, [50] and he is also an Honorary Fellow of St Catherine's College, Oxford. [51]

Stern was awarded an honorary Doctor of Science degree by the University of Warwick in 2006, [52] an Honorary Doctor of International Relations degree in 2007 by the Geneva School of Diplomacy and International Relations, a for-profit business whose lack of university accreditation has put it under the spotlight of the news media, [53] [54] [55] [56] [57] [58] an Honorary Doctor of Letters by the University of Sheffield in 2008, [59] an Honorary Doctor by the Technische Universität Berlin in 2009 [60] and also in 2009 an honorary degree of Doctor of Science from the University of Brighton. [61]

In 2009, Stern was also awarded the Blue Planet Prize for his contributions to research on global environmental problems. [62]

Stern participated in one of the showings of The Age of Stupid at the RSA. At the after-showing webcast panel discussion [63] was director Franny Armstrong, journalist George Monbiot, and the Met Office head of climate impacts Richard Betts. In 2009 Nicholas Stern lent his support to the 10:10 project, a movement encouraging people to take positive action on climate change by reducing their carbon emissions. [64]

Stern received the 2010 BBVA Foundation Frontiers of Knowledge Award in the category of Climate Change for his "pioneering report [that] shaped and focused the discourse on the economics of climate change" and provided "a unique and robust basis for decision-making." [65]

On 11 December 2013, Stern was awarded the 2013 Stephen H. Schneider Award for Outstanding Climate Science Communication by Climate One at The Commonwealth Club in San Francisco, California. [66]

Stern was elected a Fellow of the Royal Society (FRS) in 2014 [67] in recognition of his work challenging the world view on the economics of climate change. [68] In 2016, he was elected a Fellow of the Academy of Social Sciences (FAcSS). [69]

Stern was appointed Member of the Order of the Companions of Honour (CH) in the 2017 Birthday Honours for services to economics, international relations, and tackling climate change. [70] [71]

The Kiel Institute for the World Economy announced, that Stern will be awarded the Bernhard Harms Prize 2021. [72]

Personal life

Stern is the son of the late Bert Stern and Marion Stern and nephew of Donald Swann—half of the Flanders and Swann partnership. Richard Stern, former vice-president of the World Bank, and Brian E Stern, former vice-president of Xerox Corporation, are his brothers, and his sister is Naomi Opalinska.[ citation needed ]

Works

References

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Further reading

The Lord Stern of Brentford
Nicholas Herbert Stern, Baron Stern of Brentford.jpg
Stern in 2015
President of the British Academy
In office
2013–2017
Diplomatic posts
Preceded by Chief Economist of the World Bank
2000–2003
Succeeded by
Non-profit organization positions
Preceded by President of the British Academy
2013–2017
Succeeded by
Orders of precedence in the United Kingdom
Preceded by Gentlemen
Baron Stern of Brentford
Followed by